Monday, April 25, 2011

Roubini : China economy is overheating now

Nouriel Roubini  : "China's economy is overheating now, but, over time, its current overinvestment will prove deflationary both domestically and globally. Once increasing fixed investment becomes impossible - most likely after 2013 - China is poised for a sharp slowdown. Instead of focusing on securing a soft landing today, Chinese policymakers should be worrying about the brick wall that economic growth may hit in the second half of the quinquennium. " in an article in the aljazeera english

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